$59,500 Pending

12605 E Sierra Drive

Truckee, CA 96161

⚠ STR Permit Cap Reached

Town of Truckee STR permit cap has been reached. 1-year waiting period after purchase before you can apply. Verify current waitlist status before buying.

About This Property

Discover an incredible opportunity in the heart of Truckee! Just 5 minutes from Donner Lake, this centrally located parcel provides the perfect setting for your future mountain retreat or investment. Its elevated topography lends itself beautifully to a creative multi-level design that captures sweeping views of both the surrounding forest and the Sierra Nevada mountains. At only $59,500, this is the most affordable lot currently on the market in Truckee—an ideal entry point into Tahoe real estate. Whether you envision a modern mountain escape, a year-round basecamp for adventure, or long-term value in a sought-after location, this property is brimming with potential. Secure your piece of Truckee at an unbeatable price and start building your Tahoe dream today.

Listed by Kristen Pepin — Dudum Real Estate Group, Inc

Listing Details

Status Pending

MLS # 20252106

Days on Market 269

Sold Date 2026-06-12

Property History

Sep 09, 2025

Listed for sale

$59,500

Current

Pending

$59,500

Property Overview

Lot Size 0.18 acres

Property Type Single Family Residence

Subdivision Truckee

County Nevada

STR Jurisdiction Town of Truckee

APN 018-520-052-000

Exterior & Lot

Lot Features Downslope,Steep

View Wooded,Mountain

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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone

STRUCTURAL SCORE Excellent

PROJECTED ANNUAL REVENUE

$142,500 ($118K – $167K range)

~$11,875 per month

Avg Nightly

$485

Occupancy

68%

Cap Rate

5.2%

STR Investment Analysis

STRUCTURAL SCORE

PROJECTED ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

Legal Occupancy

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month

Principal & interest

Property taxes

HOA dues

From MLS listing data.

Home insurance

Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.

Down payment

20% ($11,900)

Home price

$59,500

Loan details

30-yr fixed, 6.5%

Start Time

End Time

Murat Gocmen

Managing Broker

CA DRE# 02235314 NV B.1003327.LLC

(530) 317-0373

Send a Message

Or call directly: (530) 317-0373

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